Kingsview Wealth Management LLC Purchases 185,174 Shares of International Business Machines Corporation $IBM

Kingsview Wealth Management LLC increased its position in shares of International Business Machines Corporation (NYSE:IBM) by 611.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 215,476 shares of the technology company’s stock after acquiring an additional 185,174 shares during the period. International Business Machines comprises 0.9% of Kingsview Wealth Management LLC’s holdings, making the stock its 21st largest holding. Kingsview Wealth Management LLC’s holdings in International Business Machines were worth $60,799,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Ballast Advisors LLC raised its holdings in shares of International Business Machines by 31.5% during the 3rd quarter. Ballast Advisors LLC now owns 2,609 shares of the technology company’s stock worth $736,000 after buying an additional 625 shares in the last quarter. Elo Mutual Pension Insurance Co raised its stake in International Business Machines by 3.6% during the third quarter. Elo Mutual Pension Insurance Co now owns 99,875 shares of the technology company’s stock worth $28,181,000 after acquiring an additional 3,501 shares in the last quarter. WASHINGTON TRUST Co raised its stake in International Business Machines by 6.9% during the third quarter. WASHINGTON TRUST Co now owns 14,538 shares of the technology company’s stock worth $4,102,000 after acquiring an additional 933 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of International Business Machines by 5.2% in the third quarter. Fisher Asset Management LLC now owns 19,258 shares of the technology company’s stock worth $5,434,000 after acquiring an additional 957 shares during the last quarter. Finally, Bright Futures Wealth Management LLC. acquired a new stake in shares of International Business Machines in the 3rd quarter valued at approximately $262,000. 58.96% of the stock is currently owned by institutional investors.

Key International Business Machines News

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: UBS upgraded IBM (from Sell to Neutral), which helped spark buying interest and provided a near‑term catalyst by arguing the recent selloff improved the stock’s risk/reward. UBS upgrades International Business Machines (IBM)
• Positive Sentiment: IBM won a government/defense-related contract (up to ~$112M) to modernize commissary pricing systems — a concrete services booking that supports revenue visibility in consulting/integration work. Can IBM’s New Defense Contract Win Boost Top-Line Growth?
• Positive Sentiment: Company insiders (directors) made small share purchases, which investors often view as a vote of confidence after recent price weakness. International Business Machines (NYSE:IBM) Director Michelle Howard Buys 50 Shares
• Positive Sentiment: Several analysts and deep-dive pieces argue the earlier AI-driven selloff was overdone given IBM’s solid Q4 results, cash flow and strategic positioning in hybrid cloud/AI — supporting a recovery narrative. IBM’s Steep Drop on AI Fears May Be an Overreaction
• Neutral Sentiment: Morgan Stanley trimmed its price target to $247 and moved to an “equal weight” stance — this tempers upside expectations and can cap near‑term momentum without being a full downgrade. Morgan Stanley Lowers International Business Machines (NYSE:IBM) Price Target to $247.00
• Neutral Sentiment: IBM’s security research (2026 X‑Force Threat Intelligence Index) highlights rising ransomware and cyber threats — a mixed signal: higher market risk overall but potential tailwinds for IBM’s security services. Ransomware Surges 49% as AI Makes Cyberattacks Faster and Easier, IBM Says
• Negative Sentiment: Anthropic’s new COBOL/legacy modernization tools (Claude Code) triggered the earlier steep selloff amid fears these AI tools could erode IBM’s services revenue from legacy modernization — this remains the primary near‑term downside risk. IBM Is Just AI’s Latest Victim
• Negative Sentiment: High‑profile commentary (e.g., Jim Cramer) highlighted the abrupt drop after Anthropic’s announcement, amplifying short‑term fear and volatility even though some analysts call the reaction overblown. Jim Cramer on International Business Machines

Insider Activity at International Business Machines

In other news, Director David N. Farr acquired 1,000 shares of International Business Machines stock in a transaction dated Friday, January 30th. The shares were bought at an average cost of $304.00 per share, with a total value of $304,000.00. Following the purchase, the director owned 9,258 shares in the company, valued at $2,814,432. This trade represents a 12.11% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Michael Miebach bought 434 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were purchased at an average cost of $233.33 per share, with a total value of $101,265.22. Following the purchase, the director directly owned 434 shares of the company’s stock, valued at $101,265.22. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased 1,484 shares of company stock worth $417,157 over the last quarter. 0.18% of the stock is currently owned by company insiders.

International Business Machines Stock Performance

Shares of International Business Machines stock opened at $239.78 on Monday. The stock has a market cap of $224.92 billion, a price-to-earnings ratio of 21.51, a P/E/G ratio of 2.41 and a beta of 0.73. International Business Machines Corporation has a twelve month low of $214.50 and a twelve month high of $324.90. The company’s fifty day moving average is $287.17 and its 200 day moving average is $284.24. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 1.67.

International Business Machines (NYSE:IBM) last announced its earnings results on Wednesday, January 28th. The technology company reported $4.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.33 by $0.19. International Business Machines had a return on equity of 38.15% and a net margin of 15.69%.The business had revenue of $19.69 billion during the quarter, compared to analyst estimates of $19.23 billion. During the same period last year, the company earned $3.92 EPS. International Business Machines’s revenue for the quarter was up 12.2% compared to the same quarter last year. Sell-side analysts forecast that International Business Machines Corporation will post 10.78 EPS for the current year.

International Business Machines Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th will be paid a $1.68 dividend. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, February 10th. International Business Machines’s payout ratio is currently 60.27%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on IBM shares. Morgan Stanley lowered their price objective on shares of International Business Machines from $304.00 to $247.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 25th. Evercore upped their price target on shares of International Business Machines from $330.00 to $345.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Sanford C. Bernstein reiterated a “market perform” rating on shares of International Business Machines in a research note on Wednesday, December 10th. Wall Street Zen downgraded International Business Machines from a “buy” rating to a “hold” rating in a report on Sunday, January 11th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of International Business Machines in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, International Business Machines currently has an average rating of “Moderate Buy” and an average target price of $320.87.

About International Business Machines

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.